Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

FEBRUARY 14, 2023

Data collection requirements The CFPB 1071 rule is a top compliance concern According to a recent survey , financial institution executives’ top regulatory compliance concern is the final rule from the Consumer Financial Protection Bureau (CFPB) on data collection for small business loan applications.

Data 195

Data Lending Compliance Resources 195

Abrigo

JUNE 19, 2022

You might also like these webinars especially for 2023 CECL adopters: "CECL Streamlined." And while regulators said some institutions would find the ELE tool useful for CECL, they acknowledged it did not represent a preferred method of regulators or a “safe harbor” method for GAAP compliance. keep me informed. Related Subhead.

Tools 195

Tools Regulation Data Resources 195

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. How can community financial institution leaders manage their challenges and seize their opportunities at the same time?

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

DECEMBER 8, 2021

If the board does not understand the Bank Secrecy Act (BSA) and your anti-money laundering (AML) program, they may not fully understand their role, affecting much-needed resources down the road. Set board expectations The board plays an integral role in creating a culture of compliance.

Training 195

Training Resources Video Compliance 195

Abrigo

JULY 13, 2023

Takeaway 3 Consider providing resources teaching your customers red flags to watch for to avoid pig butchering scams. Crafty scammers exploit weaknesses in fraud and anti-money laundering (AML) compliance programs such as outdated technology, human error, or inadequate monitoring systems. billion in fraud losses in 2022.

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

DECEMBER 11, 2014

While the final guidance clearly applies to larger financial institutions, community banks should still take note. ” The section further details this would only occur under extraordinary circumstances, but community banks should be aware of the new framework and even consider applying the guidelines as a proactive, best practice.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

Abrigo

SEPTEMBER 7, 2023

You might also like this on-demand webinar, "Identifying emerging CRE risks." Separate and unconnected sources of lending and credit data, lack of technical resources, and simply overwhelming amounts of information are common barriers to creating lender dashboards or credit overviews.

Report 195

Report Lending Trends Data 195

Independent Banker

JULY 30, 2015

An interview with Lindsay LaNore, executive vice president, Community Banker University®. Lindsay LaNore is responsible for ICBA’s new Community Banker University. She leads a team that works to identify, develop and offer courses that meet community banks’ educational needs. Community Banker University. Lindsay LaNore.

Resources 70

Resources Tools Community Bank Conference 70

Abrigo

JULY 10, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

Fraud 150

Fraud How To social media Security 150

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Win more small business deals: Watch this webinar on SMB Lending Best Practices. Would you like other articles like this in your inbox?

Lending 195

Lending Community Bank Community Analysis 195

Abrigo

NOVEMBER 15, 2019

A strong loan review function is especially important for helping financial institutions be nimble, he explained during the recent webinar “ Best Practices for Credit Analysts.” However, many community financial institutions derive a significant portion of income from lending. Being able to move quickly is a business advantage.

System 150

System Lending Compliance Risk Management 150

Abrigo

MAY 30, 2023

But compliance deadlines are tiered. However, compliance deadlines for affected financial institutions are tiered so that small business lenders originating the most transactions begin reporting data earlier than less active small business lenders. 1, 2024, is the earliest compliance deadline.

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

DECEMBER 16, 2019

During a recent webinar hosted by the American Bankers Association, an executive with an SEC filer under a 2020 CECL implementation deadline provided first-hand advice on the challenges and progress related to CECL adoption. During the webinar, Felicity Ours, CPA, CRC, of Summit Financial Group (NASDAQ: SMMF), a $2.2

West Virginia 195

West Virginia Virginia Data Community 195

Abrigo

FEBRUARY 27, 2020

Emerging technologies and financial innovation have been at the forefront of the anti-money laundering and anti-financial crimes community for several years. So, what exactly is machine learning in the context of AML compliance? We heard the innovation call and we’re excited to offer transparent machine learning scenarios within BAM+.

Innovation 195

Innovation Software United States Compliance 195

Independent Banker

JANUARY 31, 2022

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics. “In

Community Bank 91

Community Bank Community Resources Fraud 91

Abrigo

APRIL 26, 2022

You might also like this webinar, "Russian Sanctions: Impact, Implications, and Best Practices." Kleptocrats steal the public’s wealth for personal gain and use their positions of power and access to state-owned resources for their benefit. Even at the community level, U.S. Watch the webinar, "Kleptocracy in Your Institution.".

Training 195

Training Regulation System National 195

Abrigo

JANUARY 11, 2017

In a recent Sageworks webinar, The Rise of the Accounting Entrepreneur , Jason Blumer compared the accounting industry today to that of the past, and explained how accountants today can lead their firms to greater financial success while finding greater personal fulfillment by becoming entrepreneurs. It isn’t what most people think.

Taxes 150

Taxes Compliance How To Innovation 150

Abrigo

JANUARY 8, 2016

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank.

Regulation 150

Regulation FDIC Survey Community Bank 150

FICO

NOVEMBER 29, 2018

The programs and NAGGL event attract mostly community banks and credit unions across the US because the SBA is known for connecting businesses with their local providers. They created new educational resources about programs they offer for use by lenders and borrowers to understand and share all program details, requirements and terms.

Community 67

Community Community Bank Policies Leadership 67

Abrigo

NOVEMBER 9, 2022

The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said. keep me informed.

Survey 195

Survey Software Resources Meeting 195

Abrigo

JUNE 13, 2022

These crimes can result in significant loss of financial resources for the victims and often greatly impact their quality of life. The latest survey indicates that COVID-19 has impacted bank community engagement. However, banks continue their outreach to older customers, with 47% of respondents hosting community events.

Fraud 195

Fraud Training United States Survey 195

PYMNTS

APRIL 8, 2020

With a focus on compliance, Wolters Kluwer revealed its new solution to enable financial institutions issue PPP loans to small businesses. The firm has also announced a COVID-19 Online Resource Center for its financial institution clients. Computer Services, Inc. Computer Services, Inc.,

Lending 245

Lending Fintech America Technology 245

Social Assurance

DECEMBER 4, 2020

Our Annual Marketing and Compliance Survey and Report sought to better understand how some of these changes affected the financial services industry and how community financial institutions responded to the challenges. For more in-depth insights, be sure to download our marketing and compliance report by clicking the link below.

Compliance 15

Compliance Marketing Report social media 15

Abrigo

OCTOBER 27, 2016

In a recent Sageworks webinar , Adam Blitz, principal and consultant with GetBlitzed Solutions , explained how CPAs can position their firms as a place where their clients come to grow their businesses. Perception internally matters as much as how you are perceived externally by clients and in the community,” he noted.

Taxes 150

Taxes social media Examples Community 150

Independent Banker

JULY 29, 2016

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

Social Assurance

MAY 22, 2020

The Office of the Comptroller of Currency (OCC) released its final rule that aims to modernize and update the Community Reinvestment Act’s (CRA) framework. These differences in activities resulted in ambiguity and uncertainty from financial institutions and made the process of trying to serve their communities more difficult.

Compliance 29

Compliance Regulation Community Guidelines 29

Abrigo

APRIL 12, 2016

Nevertheless, the Supervisory Insights publication “incorporates more recent guidance and technical resources, including significant bank-governance insights and experiences that have been gained since 1988.” For more on creating a strong risk rating system, access this archived webinar: Risky Business - Revamp Risk Ratings for Your ALLL.

Management 150

Management FDIC Risk Management Community Bank 150

Social Assurance

JUNE 15, 2021

Is your community something you’re proud of? What effort are you putting in to better your community? Financial brands are truly are the heroes in their communities. Our Community Spark award recognizes banks and credits that are going above and beyond to create a spark and make a difference.

Community 15

Community How To social media Branding 15

CFPB Monitor

JUNE 15, 2020

On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. ET, Ballard Spahr will hold a webinar, “The OCC Issues Final CRA Rule – What Changed and What’s Next?” ” In the webinar, we will be joined by special guest Kenneth H.

Community 60

Community FDIC Lending Examples 60

CFPB Monitor

AUGUST 21, 2018

ET, Ballard Spahr will conduct a webinar, “More Than Just Fintech: What Are the Important Takeaways for All Consumer Financial Services Providers from Treasury’s Sweeping Report?” Clarifying applicability of third-party oversight guidance to data aggregators. On September 20, 2018, from 12 p.m. A link to register is available here.

Data 84

Data Report Regulation Security 84

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Read resources provided here to see what they're saying. Stay up to date with free resources on managing risk and driving growth. How banks and credit unions use genAI today Short supporting copy. Introduce key takeaway below.

Examples 221

Examples Fraud Resources Risk Management 221

Social Assurance

APRIL 6, 2021

You can build trust quickly with your followers by providing free resources on this second topic in particular. Developing social campaigns, webinars, emails, presentations, brochures, and blogs can help increase your customer touchpoints and demonstrate your value. Download Social Assurance’s Free Marketing and Compliance Report.

How To 15

How To social media Branding Community 15

Social Assurance

JANUARY 11, 2021

With an incredible number of resources, a mega-giant like Facebook will see double-digit compound growth according to S & P Global. This is a formidable challenge for community banks. This is going to require internal education, clear marketing goals, and transparency across compliance and marketing teams.

social media 15

social media Branding Trends Tools 15

Social Assurance

JANUARY 11, 2021

With an incredible number of resources, a mega-giant like Facebook will see double-digit compound growth according to S & P Global. This is a formidable challenge for community banks. This is going to require internal education, clear marketing goals, and transparency across compliance and marketing teams.

social media 15

social media Branding Trends Tools 15

Social Assurance

OCTOBER 23, 2020

Plus, with the levels of compliance surrounding financial marketing, most institutions involve multiple team members, with various levels of experience, to executive social strategies. But, as a brand, you have a great resource to fall back upon to help communicate your marketing and community initiatives: your employees.

social media 15

social media Community Policies Branding 15